12 year old who owns 3 Ferrari's - WTF??

[overseacobra]

The premise isn't sound either. You can't sell an app or anything lawfully without being of age. Now I'm not from Europe, but neither is Google, and that creates another giant hole in the story.

Not to mention the bit about track days as mentioned earlier, being as he'd have no valid drivers license how can he run track days? Not to mention he wouldn't be allowed by anyone in their right mind anyways due to legal reasons if he gets hurt...

Then there is the inconsistency of the story all together.

I call BS. Douchebag, lying Ferrari owner just starting out young.

I am somewhat skeptical about the whole story, however you can most certainly run track days in Europe without a drivers license. I started doing track days when I was 14 with just a permit from a sanctioning body. A friend of mine got his drag race competition license 2 years before he got his drivers license.

Anywho, back to the main story. Curious to see how this ends!

 

[JeffSeb]

"I was looking at cars like Mustang, M3... then I thought why not buy a Ferrari since I have all this money..."


lol

 

[testorossa1989]

Well theirs no age on certain race parks. I mean if he earned it more power too him. Cant really say anything. Rock on

 

[seven]

The 8,5 mill is in GBP and that is aprox. 13.1 mill us$

 

[da5deuce]

I'm jealous

 

[VictorySong]

The 8,5 mill is in GBP and that is aprox. 13.1 mill us$

GBP? Never heard of it. Might as well be monopoly money since his story seems as legit.

If I had that money I would have something with two engines, a set of wings, WW2 provenance, and a military designation. Wouldn't bother playing with hotwheels cars.

 

[Red Turtle]

Remarkable how the inconsistencies come so quickly to light.

Get me this kid's full name and the name of the supposed app he sold Google 4 years ago. Then we'll talk. Until then...

:beer:

 

[Nino S]

I'm hating hard as shyit......lol

 

[Nino S]

12-Year Old Kid Buys 3 Ferrari Models After Selling App to Google, But Is It True? - Carscoops

 

[Kevin the Clean 1]

If that's true, he's sure one lucky kid...

 

[treynor]

OK, a quick bit of fact checking. I find no record of a "Callum" nor a record of Google acquiring any likely-looking app company for $13M USD in 2009-2011. So unless someone can offer credible evidence, like a full name / app name / record of sale, I'm going to mark this one...

 

[treynor]

Well I'm still waiting for proof of Treynor's make believe collection of cars he claims to have, with a kick a#$ house to boot. I won't be convinced until I see some bread on cars!!!

I am still getting (good-natured) flack at work about the Bread incident. Plus I have random people at car events greeting me with "Oh, you're that guy with the bread right?" Fame, it appears, comes at a cost :-D

 

[Blackness03]

how the heck do you find ferrari before vagina!????

i'm sure the vagina will find him in time.

 

[MGC]

OK, a quick bit of fact checking. I find no record of a "Callum" nor a record of Google acquiring any likely-looking app company for $13M USD in 2009-2011. So unless someone can offer credible evidence, like a full name / app name / record of sale, I'm going to mark this one...

:beer:

 

[]sVt[Po|son]

Where did I say he'll never make anymore money? Base price of a 599 GTO is $500,000 , the 458 is $229,825 base. So the kid spent $730k ( or ~8.5% of his funds not included basic maintenance/insurance) on some bullshit Italian cars that will lose half their value within ten years.:lol1:

Do you guys really think an 8% "investment" in his Ferrari collection was the best move? He could have made so much more money by dropping that coin elsewhere imo and he has the rest of his life to enjoy the exotics.

ETA: 8 mill isn't shit, after seeing the replies in this thread it's so easy to see why lottery winners end up broke within a few years.

I bet its lots of fun to hang out with you

 

[ZYBORG]

Who really cares? Pretty awsome if its true, if not... Bleh, just another tool....

 

[VictorySong]

I bet its lots of fun to hang out with you

Was that your best pick up line?

 

[deadpres]

I owned 3 Veyron SS at age 12. What's the big deal? :shrug::shrug:

 

[greenstang1313]

lmfao at the guy in here that said "8mil isnt shit". if you worked from age 15 to 65 and made $160,000 a year, thatd be 8mil. thats probably 3 times more than most people on this site make.

 

[VictorySong]

lmfao at the guy in here that said "8mil isnt shit". if you worked from age 15 to 65 and made $160,000 a year, thatd be 8mil. thats probably 3 times more than most people on this site make.

I thought everyone here made millions/hr , had their own jets, and had a supermodel harem?

160k/yr is kind of weak imo. Plenty of small businesses make more than that. Hell, one MD would make that without including the money his wife made. Not that much.